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Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Leading Tory speaks up for agents, landlords and the rental sector

A senior Conservative peer and consumer campaigner has written an article strongly defending the private rental sector, agents and landlords. Baroness Altmann of Tottenham - who as...

Typical buy to let investor set to save almost £2k thanks to Sunak

The research department of Countrywide’s Hamptons International brand says the stamp duty holiday introduced yesterday on homes selling for £500,000 or less is likely to save...

Campaigning Baroness slams Sunak over possible “mass homelessness”

Former Labour Baroness Alicia Kennedy, the new director of the campaign group Generation Rent, claims 500,000 renters are in arrears as a result of the Coronavirus...

£40,000 fines for unlicensed HMOs as council hunts for offenders

Four buy to let investors have each been fined £10,000 for letting out unlicensed HMOs. The unlicensed properties , all in the Greenwich area, include a two-bedroom HMO rented...

It’s not over yet - new guidance for agents in still-restricted Wales

While England’s housing market is almost fully operational, within social distancing guidelines, there are still some restrictions in Wales. Now the Welsh Government has updated its information...

Industry-first as PropTech platform signs race equality statement

In what is claimed to be an industry first, PropTech platform Goodlord has signed the Race Fairness Commitment. This commits Goodlord to following data-driven measures to combat...

London alert - second agency warns of sharp drop in rents

Another agent reports huge surge in supply of London properties to let Yesterday Chestertons reported a large rise in the supply of homes to let - and...

Paws for thought - pet-friendly renting is a big growth area

The volume of UK home-hunters searching for pet-friendly rental properties has jumped since the start of lockdown, according to a rental platform. Searches for homes allowing pets have more than...

New inventory solution announced by PropTech platform

Automated lettings and management platform teclet has announced a new inventory solution with No Letting Go and its Kaptur inventory app. Kaptur enables agents to produce inventories...

Fear of Corona second wave hitting rental market says agency

One of the capital’s largest lettings agencies says business is recovering well, although ironically rents are down 10% and increased activity is fuelled by worries of...

Airbnb short lets should convert to long-term rentals, says council

A council with a large number of short let properties within its boundaries is urging owners to convert them to traditional longer-term rental units. Edinburgh council has...

Government must help young renters hit by furlough end - lettings group

A lettings sector trade body, acting with homelessness charities, is urging the government to do more as young people in rented housing become more vulnerable as...

Email campaign urges Jenrick to avoid “unfair evictions, homelessness”

Shelter has launched an email campaign to the Housing Secretary, Robert Jenrick, urging him to act to avoid “unfair evictions that could lead to more homelessness.” The...

Bid to introduce cap on rent rises abandoned by parliamentarians

A Bill which would have introduced a general cap on rent increases in the private rental sector has been abandoned by the Scottish Parliament. The Fair Rents...

Activists make last-ditch bid to keep evictions ban indefinitely

Activists who praised the government for its eviction ban in recent months have now turned on it in a last-ditch attempt to secure another extension. Last week...

Shelter's latest allegations batted away by lettings trade body

The National Residential Landlords Association has dismissed the latest claims by campaigning charity Shelter that landlords have not done enough to help tenants during the Coronavirus...

ARLA leadership to be merged with NAEA at start of 2021

Propertymark has announced that the leadership structure of the lettings side is to be merged with the estate agency section, with just one chief executive from...

GDPR and property - guidance book on sale from today

David Smith - a solicitor specialising in residential property, agency and regulatory law - today launches a book advising property professionals on compliance. Smith says GDPR is...

Eviction ban ending: government tries to soothe critics

The Ministry of Housing, Communities and Local Government has given Letting Agent Today a statement trying to soothe critics of its decision to finally end the...

Agents offer arrears help to tenants hit by Corona cash crisis

ARLA Propertymark and other organisations from across the housing sector have joined forces to support tenants and landlords facing rent arrears as a result of the...

Deposits rise as much as 24% in some parts of England - claim

Deposits have risen as much as 24 per cent in the past year in some parts of the UK - according to a survey from a...

Lettings market much stronger than a year ago as pandemic recedes

The latest snapshot of the lettings market from PropTech firm Goodlord suggests that activity is much stronger now than a year ago, with rents rising in...

London council wants to charge £550 for five year rental licence

A council in London, where landlords yields and margins are already tight, says it wants to charge £550 for a renewed selective licence operating for five...

Agency teams with private equity firm to go on acquisition trail

Specialist letting agent My Property Box has teamed up with a private equity firm to go on the acquisition trail. The Darlington-headquartered company, which lets homes throughout...

Government ‘working to ensure evictions return smoothly’ - minister

The government says it’s currently working to ensure the eviction process returns smoothly when the ban expires in late August. In the House of Commons yesterday, in...

Agents and landlords delighted that eviction ban will end next month

ARLA Propertymark has expressed its pleasure that the eviction ban, already extended by two months, will now expire at the end of August. The announcement came through...

Revealed - top locations for yield-and-capital-growth combined

A new league table has been produced listing locations where a mix of rental yield and capital growth have given buy to let investors their best...

Fire brigade chief praises new rental sector electricity regulations

London Fire Brigade’s deputy assistant commissioner for fire safety has praised the new safety regulations which have now come in to effect in the private rental...

PropTech platform secures £2m to develop ‘with agents in mind’

Deposit alternative system and rental financial services platform Canopy has raised over £2m in a funding round that was oversubscribed within 48 hours. Canopy intends to use...

Eviction ban WILL end in late August, government hints

The government appears to have confirmed that the evictions ban will end in late August and courts will resume hearing possession cases from that time.  Responding to...

Baroness kicks off campaign to have all arrears evictions suspended

A pro-tenant campaign group has this morning kicked off its campaign to have the eviction ban - already extended until late August - extended further or...

Scare Tactics! Generation Rent accused by leading trade body

One of the rental sector’s highest-profile trade bodies has accused pro-tenant group Generation Rent of needlessly scaring renters with the spectre of homelessness. As we report elsewhere...

Evictions - how will courts manage when the ban is finally lifted?

In another sign of concern at the speed and volume of eviction cases once the ban is lifted at the end of next month, ARLA Propertymark...

Boom for ARLA Propertymark as members manage half the market

Some 47 per cent of all properties in the private rental sector in England are now managed by ARLA Propertymark member agents. The organisation has calculated this...

Build To Rent giant pledges ‘net zero carbon enabled’ by 2030

One of the biggest names in the Build To Rent sector, Legal & General, says all of its new housing stock will be ‘net zero carbon...

Government slammed by law expert over electrical checks chaos

Confusion over Electrical Inspection Condition Reports, created by inaccurate statements from the government, has been slammed by a housing law expert.  Last week many agents and landlords...

Eviction ban threat provokes new campaign by industry big hitters

Agents and landlords are urged to lobby MPs to highlight the threat of the current eviction ban and to urge no further renewal of the measure. The...

Buy to let taking the brunt of the Coronavirus impact, say agents

The latest market snapshot produced by agent data suggests that rent increases have hit a new low as the Coronavirus impacts on the private rental sector.  ARLA Propertymark’s...

Rent Repayment Orders - council reveals action against landlords

The council at the centre of one of the planning controversies involving Housing Secretary Robert Jenrick has issued a warning to the buy to let sector. Tower...

Buy to let portfolios set to expand according to mortgage expert

Landlords who are remortgaging are currently doing so primarily to build a war chest. That’s the view of mortgage brokerage Mortgages for Business, which says some 30...

Economist calls for immediate 20% rent reduction for tenants

A prominent economist who has called for a raft of measures to protect tenants during the Coronavirus crisis is now calling for a legally-enforced 20 per...

Shelter wants enforcement against agents still charging illegal fees

Shelter is calling for stricter enforcement against letting agents in Northern Ireland which it claims are illegally charging tenants fees for their work. Northern Ireland operates under...

Baroness wants “renters’ charter” to be agreed by councils

The militantly pro-tenant Generation Rent group says it’s working with local councils to have a new “tenants’ charter” introduced. The new director of the pressure group -...

Stamp duty cut could reinvigorate buy to let says lettings chief

A stamp duty cut could reinvigorate the buy to let market and the wider economy as the country comes out of lockdown. That’s the view of David...

ESTAS 2020 go live later this week - here's how you can register

Some weeks later than usual for understandable reasons, the ESTAS Awards 2020 are almost here - and for the first time they’re going virtual. The event, sponsored...

40% of agents still not fully open and most have staff on furlough

Two thirds of letting agents will still have staff on furlough next month according to a survey of 231 agencies - and 40 per cent of...

Give judges more power to defend tenants, government urged

Pro-tenant campaign group Generation Rent says judges should have more power to protect tenants from eviction while the Coronavirus outbreak continues. The demand is one of three...

New warning of huge eviction hearing delays once ban finally ends

Figures unearthed by the Daily Telegraph show the scale of the arrears and eviction court case backlog likely to face the industry later this year. Quoting information...

Media spotlight on lockdown parties in Airbnb and other short-lets

The BBC has shone a spotlight on lockdown parties being held in contravention of social distancing rules at properties advertised on Airbnb and other short let...

New book tells agents how to futureproof business in uncertain times

A new book from a prominent industry supplier aims to help lettings and estate agents modernise their business and futureproof it for the next decade. 'The Estate...

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